Summary of Borivali East (Mumbai) Real Estate project on Joint Venture basis:
One of our clients is owning the following land in Borivali East , Mumbai. They are looking for a reputed Builder from Mumbai who will be interested to become a Joint Venture Partner and execute the project.
Location Borivali East 2 Minutes walking distance from Borivali Station towards Dahisar side.
Total Area. (FSI) : 104000 Sq.Ft
Tenants. : 20000 Sq.Ft
Balance FSI : 84000 Sq.Ft
Residential. : 32000 Sq.Ft
Commercial. : 52000 Sq.Ft
The ratio in profit is 70:30 after all costs of IOD revalidation, getting CC rent, and construction.
IOD needs revalidation
CC to be availed.
Rent shifting of tenants’ expenses by the builder
Deposit 5 cr
2.5 cr Refundable against OC
2.5 cr Non-Refundable
Property conveyance done
Railway clearance done
Road passing done
37 stories building proposed in IOD
Kindly go through the same and let us know your thoughts.
Please connect with Sudheendra Kumar ( Mobile /WhatsApp: 91-9820088394)
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